Entertainment

Wizkid Reportedly Nets Over N5.2bn From London 02 Concert

Wizkid Reportedly Nets Over N5.2bn From London 02 Concert (Updated: 10 months ago)


Grammy-winner, Ayodeji Ibrahim Balogun popularly known as Wizkid is said to have made over N5.2bn from his ‘Made in Lagos’ concert held at the London 02 arena.

Big Wiz who kicked off his three-day show from the 28th of November and held it down till 1st December according to BusinessDay is said to have accumulated an overwhelming sum within these few days.

BusinessDay reveals that Online ticket sales for the various tiers and locations at the arena ranged from $108 to $270. While the Arena floor section had a capacity of more than 5,200 people and sold for an average of $239 (N97,963 at N411/$) per seat. The lower tier of more than 8,800 seats sold for an average of $170 (N69,681). The upper tier of almost 6,000 seat capacity sold for an average of $250 (N102,472).

Also, the revenue for each section of the Arena comes to N509,407,600 for the floor section, N613,192,800 for the lower tier, and N614,832,000 for the upper tier. This comes to a total of N1,737,432,400 for the first day, and N5,212,297,200 in gross earnings for the three days the show lasted.

Undoubtedly, the London 02 arena attracted lots of highly-rated personalities such as Hollywood actress Gabrielle Union, Stormzy, and Chelsea football club striker, Romelu Lukaku who all came to witness the stuff Star Boy is made off.

Machala also gave lots of Nigerian young artistes the chance to perform for the massive audience; a gesture that will affect their careers positively.

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